Is cobalt becoming its own worst enemy? Simon Moores, Managing Director, Benchmark Mineral Intelligence explores Glencore’s latest move to pull hydroxide supply from the market in the midst of contract negotiating season and what it means for cobalt’s strained relationship with cathode, battery and electric vehicle (EV) producers. ———– On Tuesday 6 November, the wires and social … Continue reading Has Glencore given electric vehicles the extra push to engineer cobalt out of a battery?
Benchmark Mineral Intelligence has initiated its cobalt coverage and anticipates to begin monthly price assessments for cobalt chemicals used in lithium ion battery cathodes by Q1 2017. For more information contact Caspar Rawles, Analyst, [email protected] (@CDMRawles) ———————– Political rumblings in the DRC may have a major impact on the price of cobalt. It has been … Continue reading Do DRC politics spell further price rises for Cobalt? Why 19 December is a date to mark…
Political tensions amidst the wider slump in global commodity markets, look set to continue the onslaught on cobalt production in the Democratic Republic of Congo (DRC) moving into H2 2016. Cobalt production in the DRC, home to over 60% of the world’s mined output, is estimated to have fallen by over 20% in Q1 2016 … Continue reading Cobalt supply tightens as battery demand looms
Michael Gibb, Global Witness // The best time to plant a tree is twenty years ago. Or so goes an old proverb. It is also the best time to start thinking seriously about sourcing minerals responsibly. In recent years the links between conflict, human rights abuses and the minerals trade have been increasingly well documented and understood. While some conflicts are fought over control … Continue reading Cobalt & conflict minerals: The need for supply chain leaders
A new report by Amnesty International has uncovered human rights abuses by one of the world’s leading cobalt producers in the Democratic Republic of Congo (DRC). Zhejiang Huayou Cobalt Ltd, a mining group partly owned by the Chinese government, has been accused of selling cobalt sourced from child labor into major battery production facilities in China, Japan and South Korea. … Continue reading Cobalt brings tech giants’ supply chains into the spotlight
The EU will have to tread carefully when considering which minerals and countries to include in its upcoming conflict minerals legislation. Many of these industries are niche and inflexible meaning any swift and significant change will likely have a negative impact on the EU and on the source country that the legislation is designed to … Continue reading Europe’s conflict minerals conundrum
Download our Q2 magazine which analyses the crackdown on conflict minerals in Europe, the fragile structure of these markets and the logistics involved in transporting them around the world With Europe set to follow in US footsteps with the introduction of conflict mineral legislation, the sustainability of critical mineral markets is set to come under renewed … Continue reading Benchmark #2 launched: Europe’s conflict crackdown
It is not easy to find a tipping point: that one moment that can signify a definitive and fundamental change. In the past, true change in minerals and metals has happened over a longer period of time through a series of trends. But where our industry stands today in 2015, these trends are becoming shorter … Continue reading A new generation for critical minerals